Subrogation Analyst

Description

• Review incident reports relating to property damage .
• Review basic insurance policies as they relate to third-party legal liability and damages.
• Assist Risk Management w ith special tasks and projects to include risk management ad hoc reports relating to claims and recovery.
• C ompile total expenses via Excel spreadsheets.
• Document collection efforts: upload and organize expenses from property management software into claim packets for subrogation.
• A bility to organize a calendar to track claims and create a diary system for follow up.
• Navigate incident management software to access claims.
• Communicate with accounting revenue department and site leaders on the status of collection efforts.
• Investigate third party liability claims.
• Negotiate settlements working with insurance carriers. Communicate with insurance c ompanies on claim packets and negotiate recovery.
• Collaboration with internal team such as revenue accounting, legal, site team managers, maintenance and outside vendors when needed.

Requirements

• Ability to travel to other regional locations for work, training, meetings and other work-related activities.
• Communication skills to negotiate and interact with carriers and internal stakeholders.
• 3-5 years of Insurance experience in claims, subrogation or a related field.
• Must be able to sit at a desk for extended periods.
• Must be able to deal with a fast-paced, constantly changing work environment, including handling multiple tasks daily.
• Strong analytical skills to review coverage and aggregate total costs.
• May require use of personal or company vehicle.
• Ability to independently lift/carry supplies or equipment up to 30 lbs.
• The ability to understand basic accounting principles and work in excel to track invoices and costs for submission of demand packages to third party carriers.
• Knowledge of insurance in basic renters’ insurance and commercial policies, also the relevant laws and regulations regarding subrogation collection.
• Strong attention to detail.
• Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standards.
• The position requires mobility within the office; use of a computer and other office machinery such as a scanner and copy machine.
• Ability to perform the essential job functions consistently, safely and successfully with ADA, FMLA and other federal, state and local standards, including meeting qualitative and/or quantitative productivity standards.

Benefits

• 401k Retirement Plan w/company match
• 40 hours Paid Sick Leave per year**
• 10 Paid Holidays per year
• 80 hours Paid Vacation per year**
• Medical/Dental/Vision Insurance*
• Vacation and sick time are based on the employee's hire date.
• Incentive Bonus Program
• Life and AD&D Insurance
• Medical/Dental/Vision insurance eligible after 30 days of full-time employment.
• Employee Stock Ownership plan

Training + Development

Interview process

Visa Sponsorship

Security clearance